Park Electrochemical (NYSE:PKE) Announces Quarterly Earnings Results

Park Electrochemical (NYSE:PKE) issued its quarterly earnings results on Thursday. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $15.85 million during the quarter. Park Electrochemical had a return on equity of 6.72% and a net margin of 193.18%.

Shares of NYSE:PKE opened at $16.72 on Friday. The company has a market capitalization of $338.34 million, a price-to-earnings ratio of 32.33 and a beta of 1.04. Park Electrochemical has a 12 month low of $14.88 and a 12 month high of $23.30. The firm’s 50-day moving average is $16.30 and its 200 day moving average is $16.93.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 4th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.39%.

Separately, ValuEngine upgraded shares of Park Electrochemical from a “hold” rating to a “buy” rating in a research report on Monday, November 11th.

About Park Electrochemical

Park Electrochemical Corp., through its subsidiaries, develops, manufactures, markets, and sells high-technology digital and radio frequency/microwave printed circuit material products primarily for the telecommunications and Internet infrastructure, enterprise, and military/aerospace markets. It also designs, develops, and manufactures advanced composite materials, primary and secondary structures and assemblies, and low-volume tooling products for the aerospace markets.

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Earnings History for Park Electrochemical (NYSE:PKE)

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